Mediagazer: After years of piracy, Chinese video sites are sending $100M a year to US and UK studios (Scott Cendrowski/Fortune)

10:35 AM ET, April 30, 2014

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Scott Cendrowski / Fortune:

After years of piracy, Chinese video sites are sending $100M a year to US and UK studios — Hollywood's new friends: The Chinese — After years of rampant piracy, Chinese video sites are sending $100 million a year to U.S. and U.K. studios, while creating new fans in a country with 1.3 billion potential viewers.

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Jon Brodkin / Ars Technica:
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Asif Shahzad / Associated Press:

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Lisa O'Carroll / Guardian:

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Nitasha Tiku / Gawker:

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Ben Fox Rubin / Wall Street Journal:

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Ben Fox Rubin / Wall Street Journal:

Thomson Reuters Swings to Profit — Year-Earlier Period Included $247 Million Tax Expense; Revenue Falls 1.4% — Thomson Reuters Corp. swung to a first-quarter profit, but revenue edged down 1.4% as the financial data and news provider's core financial and risk business reported softer revenue.

Mark Sweney / Guardian:

BSkyB faces fall in subscribers as competition from BT and Netflix grows — Broadcaster predicted to suffer drop in sign-ups as analysts say growth in traditional TV business has stalled — BSkyB is facing its first fall in TV subscribers in 15 years as pressure mounts from rivals including BT and Netflix.

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Mark Sweney / Guardian:

BBC3 closure ‘not a foregone conclusion’, warns trustee — Richard Ayre says plan to move TV content online will be heavily scrutinised and questions remain over reaching younger viewers — The closure of the BBC3 TV channel is far from certain, one of the corporation's trustee's has warned …

Caroline O'Donovan / Nieman Journalism Lab:

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